Decisions and Dollars (8 minute read) (opens in new tab)

The smarter the models get, the less your software is worth alone, so every app company now has to become a data company and a fintech company. The data half is judgment, the corrections your users make that no benchmark captures, which is why xAI took a $60B option on Cursor mostly to get inside the token flow, not for the editor. The survival rule for the "what if Anthropic builds this" question is to let agents read but guard the writes, because the decision being made right now is the onl...